A City of Waterloo project was recently recognized by Clean50’s inaugural Top 15 Projects in 2014. The recognition program is an offshoot of the Clean50 award that honours individuals, and is awarded to project-based initiatives completed over the last two years based on innovation, overall impact, and influence on others with regards to promoting best practices in sustainability.
Canada’s Technology Triangle Inc (CTT Inc) has been selected as one of the top Canadian economic development groups by Site Selection magazine, a leading US-based source for expansion planning information to 49,000 executives of fast-growing firms.
The “Top Canadian Group” is designed to recognize the most innovative economic development groups in Canada. This class of ranking is based on, per capita calculations of recent corporate facility project investment and related job creation, as well as factors such as regional partnership
Canada's Technology Triangle Inc.'s insight:
Our focus on foreign direct investment means that most of our efforts take place outside of the Region. An award such as this helps recognize the extensive work we undertake in international business missions, hosting potential foreign investors, and developing resources to showcase the strengths of Waterloo Region. In 2013 alone, CTT Inc. fielded 525 opportunities, 56 client visits, and 20 events and investment attraction missions. This award recognizes not only a great team and their accomplishments, but also the support of a great community that thrives on collaboration, innovation and entrepreneurship.” said John Jung, CEO of Canada’s Technology Triangle Inc.
BlackBerry Ltd. has created a new business unit that will combine some of its most innovative technology. The new unit, to be called BlackBerry Technology Solutions, will include the Waterloo company's QNX division (embedded software), Project Ion (Internet of Things applications), Certicom (cryptography applications), RF antenna tuning and its patent portfolio.
With festivals featuring practically every genre of music, the Waterloo Region is bursting with dozens of live entertainment options this summer. The Waterloo Region, is quickly becoming known across the country for its live arts scene, specifically the many family friendly and free music festivals that have gained international recognition over the years....
Sysco Corporation has opened a new sales support centre in a former BlackBerry building on Phillip Street. Sysco, a Fortune 100 company that generated more than $44 billion in sales in 2013, is recognized as a global leader in selling, marketing and distributing food products to restaurants, hospitals, schools and others involved in meal preparation.
The Institute for Quantum Computing (IQC) at Waterloo is among the top five quantum research institutes in the world. Ontario’s renewed support for IQC further positions Waterloo to take full advantage of the opportunities of quantum information science and technologies....
That might be the slogan of the Southern Ontario Water Consortium, a partnership of eight Ontario universities which is building a data platform for water testing technologies that will help protect drinking water and predict floods.
This is a region that has long been known for having smart, entrepreneurial people inventing great technology. The Accelerator Centre - an incubator that works with startup technology companies over two or three years and provides commercialization support. It is one of the more successful incubators, having worked with more than 130 startups since it was launched in 2006. With luck, some of the startups might grow to become the size of BlackBerry or Open Text.
Moody's Investor Service, a leading provider of credit ratings, research and analysis, gave the region the highest possible credit score this year for the 14th year in a row.
Canada's Technology Triangle Inc.'s insight:
Similar to other highly rated municipalities in Ontario, Moody's said Waterloo Region displays "strong governance and management characteristics. In addition to long-term planning for capital and operating budgets and a history of meeting fiscal targets, management adheres to conservative debt and investment management policies, thus limiting the region's exposure to market-related risks and ensuring relatively smooth debt-servicing costs."
Waterloo Region has historically outperformed Ontario on a number of economic and labour market indicators.
This year, the region will be spending money on projects:
•waste water treatment plant upgrades;
•landfill site maintenance and expansion;
•road network improvements and expansions;
•the rapid transit project (ION); and
•Grand River Transit garage expansions and fleet replacements.
Current and former employees at Conestoga College Institute of Technology and Advanced Learning have demonstrated their commitment to the college’s goals and directions by contributing more than $1 millio.
The $30 million fundraising initiative will support such capital campaign expansion projects as:
The Cowan Health Sciences Centre,
The Centre for Entrepreneurship
The Engineering & Information Technology campus
The Institute of Food Processing Technology
The Motive Trade Centre of Excellence
The Construction and Skilled Trades Centre
Funds from the campaign will also be used to fund student awards, enhanced library resources, equipment and technology to support student learning.
Heffner Lexus Toyota Scion announced the completion of a 220kW solar installation lining the rooftops of its Kitchener dealership. Consisting of over 800 panels, the state-of-the-art installation will generate approximately 275,000 kWh annually for at least the next 20 years – enough energy to power approximately 26 homes per year. The installation offsets 190 metric tons of carbon per year; that is equivalent to the carbon sequestered by 150 acres of forest.
Waterloo Region is the best place in Canada to start a business, making it a natural choice for entrepreneurial immigrants. Immigration was the subject of a roundtable discussion the minister held at the Hub with some of the region’s technology leaders. The first of its kind in the world, the Start-up Visa Program enables immigrant entrepreneurs to connect with private-sector organizations working with startups.
Kitchener-based Desire2Learn has closed an $85-million Series B investment round as its global footprint in educational technology grows at an ever-quicker pace. With more than 1,100 clients and about 15 million learners already using its product, Baker predicts only more growth ahead as learning becomes more personalized and spreads beyond educational institutions and into workplaces.
‘Barring any unexpected downturns in the market, we will be adding head count in certain areas such as product development, sales and customer service, beginning in modest numbers,’ CEO says in internal memo (RT @lisadrewradio: Waterloo's BlackBerry...
The action on large solar projects is taking place only in Ontario, where pro-renewable-energy government policies essentially subsidize solar installations. That has not been duplicated in any other province.
Intermarket Developments Inc. is spending about $160 million to revamp the site of the former NCR plant into a mixed-use project that includes office space, data centre, retail, restaurants and grocery store..